NFG Valuation

National Fuel Gas Co

Add to Watchlist

Advanced Chart

86.740

-0.21(-0.242%)1D

Overview
Forecast
Valuation
Earnings

NFG Relative Valuation

NFG's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NFG is overvalued; if below, it's undervalued.

Historical Valuation

National Fuel Gas Co (NFG) is now in the Fair zone, suggesting that its current forward PE ratio of 10.86 is considered Fairly compared with the five-year average of 10.53. The fair price of National Fuel Gas Co (NFG) is between 80.93 to 92.73 according to relative valuation methord.

Relative Value

Fair Zone

80.93-92.73

Current Price：86.95

Fair

10.86

Trailing

Forward

6.82

EV/EBITDA

National Fuel Gas Co. (NFG) has a current EV/EBITDA of 6.82. The 5-year average EV/EBITDA is 6.49. The thresholds are as follows: Strongly Undervalued below 5.71, Undervalued between 5.71 and 6.10, Fairly Valued between 6.88 and 6.10, Overvalued between 6.88 and 7.28, and Strongly Overvalued above 7.28. The current Forward EV/EBITDA of 6.82 falls within the Historic Trend Line -Fairly Valued range.

9.08

EV/EBIT

National Fuel Gas Co. (NFG) has a current EV/EBIT of 9.08. The 5-year average EV/EBIT is 9.82. The thresholds are as follows: Strongly Undervalued below 8.31, Undervalued between 8.31 and 9.07, Fairly Valued between 10.58 and 9.07, Overvalued between 10.58 and 11.34, and Strongly Overvalued above 11.34. The current Forward EV/EBIT of 9.08 falls within the Historic Trend Line -Fairly Valued range.

2.74

National Fuel Gas Co. (NFG) has a current PS of 2.74. The 5-year average PS is 2.22. The thresholds are as follows: Strongly Undervalued below 1.65, Undervalued between 1.65 and 1.93, Fairly Valued between 2.51 and 1.93, Overvalued between 2.51 and 2.80, and Strongly Overvalued above 2.80. The current Forward PS of 2.74 falls within the Overvalued range.

6.97

P/OCF

National Fuel Gas Co. (NFG) has a current P/OCF of 6.97. The 5-year average P/OCF is 5.09. The thresholds are as follows: Strongly Undervalued below 3.71, Undervalued between 3.71 and 4.40, Fairly Valued between 5.78 and 4.40, Overvalued between 5.78 and 6.48, and Strongly Overvalued above 6.48. The current Forward P/OCF of 6.97 falls within the Strongly Overvalued range.

17.99

P/FCF

National Fuel Gas Co. (NFG) has a current P/FCF of 17.99. The 5-year average P/FCF is 35.75. The thresholds are as follows: Strongly Undervalued below 8.04, Undervalued between 8.04 and 21.90, Fairly Valued between 49.61 and 21.90, Overvalued between 49.61 and 63.46, and Strongly Overvalued above 63.46. The current Forward P/FCF of 17.99 falls within the Undervalued range.

National Fuel Gas Co (NFG) has a current Price-to-Book (P/B) ratio of 2.64. Compared to its 3-year average P/B ratio of 2.02 , the current P/B ratio is approximately 30.65% higher. Relative to its 5-year average P/B ratio of 2.24, the current P/B ratio is about 18.11% higher. National Fuel Gas Co (NFG) has a Forward Free Cash Flow (FCF) yield of approximately 2.36%. Compared to its 3-year average FCF yield of 1.65%, the current FCF yield is approximately 42.99% lower. Relative to its 5-year average FCF yield of -1.05% , the current FCF yield is about -325.04% lower.

2.64

P/B

Median3y

2.02

Median5y

2.24

2.37

FCF Yield

Median3y

1.65

Median5y

-1.05

Competitors Valuation Multiple

The average P/S ratio for NFG's competitors is 1.66, providing a benchmark for relative valuation. National Fuel Gas Co Corp (NFG) exhibits a P/S ratio of 2.74, which is 65.33% above the industry average. Given its robust revenue growth of 27.40%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of NFG increased by 46.75% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 7.44 to 32.49.

The secondary factor is the Revenue Growth, contributed 27.40%to the performance.

Overall, the performance of NFG in the past 1 year is driven by P/E Change. Which is more unsustainable.

27.40%

417.44M → 531.83M

Revenue Growth

-317.19%

-12.97 → 28.17

Margin Expansion

336.54%

7.44 → 32.49

P/E Change

46.75%